Solution 5 of cbse sample paper 2025-26 | Class 12 Accountancy ‪@sethsaccountancytricks‬

Solution 5 of cbse sample paper 2025-26 | Class 12 Accountancy ‎⁨@sethsaccountancytricks⁩  Bala and Lala were partners in a firm with Capitals of ₹ 24,00,000 and 16,00,000. They admitted Mala as a new partner for 1/3 share for which Mala brings ₹ 20,00,000 as capital. There was Investment and Investment Fluctuation Reserve appearing in the books of ₹ 2,50,000 and ₹ 50,000 respectively. Bala took over 40% of the Investments at ₹ 80,000 and remaining Investments were valued at ₹ 1,10,000. By what amount Revaluation account will be affected for the above information? A. Debited ₹ 60,000 B. Credited with ₹ 60,000 C. Debited ₹ 10,000 D. Credited ₹ 10,000